Posted 10/3/2023, 5:38:22 PM
Krispy Kreme CEO Tattersfield, Who Led Company's Rapid Growth, to Be Succeeded by Charlesworth as Insomnia Cookies Acquisition Looms
- Krispy Kreme acquired majority stake in Insomnia Cookies in 2018, now exploring all-cash purchase
- Insomnia Cookies operates in 3 countries with over 250 bakeries, 45% revenue from digital
- Krispy Kreme CEO Mike Tattersfield stepping down in January after leading expansion since 2017
- Tattersfield grew revenue from $550M in 2016 to $1.6B in 2023
- Josh Charlesworth to succeed Tattersfield as Krispy Kreme CEO effective January 1, 2024